Why Are Farmers So Rich?

Frodo

Member
Location
Scotland (east)
Come to think of it most owner occupiers around here can trace their fortune back to having been made out with farming (finance or industry); or having moved to an arable farm in the 30 depression from the west; or having bought out a tenancy at a reduced land price.
 

Blue.

Member
Livestock Farmer
Having the right parents helps. The rests down to luck. If it really was down to hard work why do we only pay others £7/hr for others to do same work?

My dad was given 1/2 the purchase price for his small farm,divorce meant that he did give me a chance to farm under his tenancy but with no live or deadstock.

Paying high wages won't make me more money:)
 

Frodo

Member
Location
Scotland (east)
My dad was given 1/2 the purchase price for his small farm,divorce meant that he did give me a chance to farm under his tenancy but with no live or deadstock.

Paying high wages won't make me more money:)

Nor I am afraid will slogging your guts out make you into the multimillionaire that our friends with 1000s of owned Arable acres undoubtable are. The same in general applies to plumbers and electricians.
 

Blue.

Member
Livestock Farmer
Nor I am afraid will slogging your guts out make you into the multimillionaire that our friends with 1000s of owned Arable acres undoubtable are. The same in general applies to plumbers and electricians.

I'm not arsed about them they will pee it away,there not as driven.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Capital or working profit? We can't help the fact that silly b****rs are bidding up the value of our land to stupid levels and its capital value is not really any use to us anyway unless we sell up. Our working profit probably amounts to good deal less than that earned by a dust man (and I respect the job he does but he does not even have to provide the dustcart).
 

Hilly

Member
Nor I am afraid will slogging your guts out make you into the multimillionaire that our friends with 1000s of owned Arable acres undoubtable are. The same in general applies to plumbers and electricians.
I know lots of plumbers and electricians that have bought lots and lots of property and would give your friends with 1000s of acres a run for there money in a cash up ! hell I even know a joiner that bought a farm or 3.
 

Frodo

Member
Location
Scotland (east)
I know lots of plumbers and electricians that have bought lots and lots of property and would give your friends with 1000s of acres a run for there money in a cash up ! hell I even know a joiner that bought a farm or 3.

It's a good comparison and as with farming you have to split how they made their money from the trade. Your plumber and electrician friends have made good money being property developers, not earning a typical joiners wage working for a construction company. Just as my farming friends have reinvested a fortune in land speculation, which has paid off. They have not made it driving a tractor (and in some cases probably couldn't).
 

DrDunc

Member
Livestock Farmer
Location
Dunsyre
A lecturer at college used to ask us (about family farms); "who owns it?"


"We do", we'd say


To which he'd say "No the next generation does- you're just keeping it warm!"
The laird owns mine.

He's rich, educated in a private school, married to an alcoholic, and so tight he wouldn't give you the steam off his shyte if hypothermia had set in.

If one considers being content with farming as a vocation, then I am rich beyond my wildest dreams.
 

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